Tue. Mar. 17, 2009

Intel Corp (INTC): A Winning Strategy *

In January 2008, I considered the possibility of adding a tech company to my dividend income portfolio. It couldn’t be just any tech company since most are quite volatile and don’t produce sufficient cash to pay a consistent and rising dividend.  Two tech companies that were worthy of consideration were Microsoft (MSFT) and Intel Corp (INTC) due to their ability to generate free cash flow. I considered INTC the stronger of the two and had high hopes, but things didn’t initially work out. Eventually, patience paid off and when INTC’s price and interest rates dropped to the point the numbers made sense, I purchased it.  So what’s INTC’s outlook now?

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